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South West Trains

Volume 454: debated on Wednesday 13 December 2006

To ask the Secretary of State for Transport what the estimated premium payment to the Exchequer is by South West Trains over the life of its franchise. (108699)

Stagecoach is contracted to pay a net premium of £1.577 billion over the life of the South West franchise in 2006-07 prices to the Department for Transport. This equates to a net present value of £1.191 billion. The annual profile of these figures is available on the DfT website.